Skip to main content

About your Search

20121222
20121230
Search Results 0 to 5 of about 6
senator chuck kagel and make it to the pentagon? >> the house did not take up the tax measure today because it did on have sufficient support from our members to pass. house speaker john boehner's statement thursday evening as he stood in print of the republican conference, he recited the serenity prayer. god, grant me the serenity to accept the things which i cannot change and close the house for business until after christmas. there is no place like an empty house for the holidays. thus diane john boehner's plan b, which was destined to die anyway. >> let me be clear. speaker boehner's plans are nonstarters in the senate. >> boehner appeared friday morning and said, if this thing were easy, it would have been done decades ago. >> i am interested in solving the major problems that face our country. that means house leaders, senate leaders, and the president, are going to have to continue to work together to address those concerns. >> the president lifted his number to 400,000, no tax hikes for anyone making less than that, boehner says the million, still no deal. what happened out
tax bill as the so-called fiscal cliff of automatic spending cuts and tax hikes comes ever closer. >> his proposal, known as plan b, was shot down by republicans who refuse to support any tax increases. the plan would have raised taxes on income over $1 million. he says it is now up to president barack obama to come up with a solution. >> what could that mean for ordinary americans? our reporter went to find out. >> store manager jennifer thomas sells trendy designer fashions at her boutique in the u.s. capitol, washington, d.c. it is a tough business. competition is fierce, and it could get worse if the u.s. were to slip over the fiscal cliff. automatic tax hikes across the board would mean less disposable income for american consumers. >> i think our biggest concerns here are we will not be seeing people purchase as many items as they have in the past. we will see people buy jeans and a top, but they will not buy an additional pair of jeans or a dress on top of that. >> many customers are already pinching pennies. >> it has put a lower ceiling than normal on what we can spend fo
that obama will discuss measures for avoiding the rest of the automatic spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being stupid." >> i think the solution will probably be neutered and not very effective, but ultimately, i think they will avoid the fiscal cliff. >> but neither side appears willing to give in. democrats, for example, are frustrated that republicans will not agree to raise taxes on the wealthy. >> the majority of rich people in our great country are willing to pay more. the only people who disagree with that are repub
-called fiscal cliff, taxes and spending cuts unless democrats and republicans reach a deal by new year's eve. >> nearly all the major players in those negotiations are starting to agree on one thing, and that is that a deal is virtually impossible by that deadline. senior officials say there is little hope of a grand bargain to shave trillions of dollars off of america's mountain of debt. >> applause for the bell at the start of the trading day is a daily ritual at the new york stock exchange, despite the enthusiasm, traders are keeping an anxious eye on share prices. the fiscal cliff is on everyone's mind. u.s. treasury secretary timothy geithner has warned that his department will need to take extraordinary measures to postpone the upcoming government defaults. he plans adjustments to the national budget that would give the u.s. two months of grace. president barack obama has said he is still hopeful that a resolution can be reached this year. he cut short his vacation in hawaii to restart negotiations with republicans in congress. before christmas, the president called for bipartisan coop
the economy and energize japan. >> translator: i want a new cabinet to use tax-free on the tsunami survivors. i really have a high expectation about this. >> translator: i want a new administration to listen to the voices of young people and do something new because nothing really seems to have changed. >> abe takes charge as japan is embroiled in some difficult relations with its neighbors. a former u.s. official hopes the new government will rebuild regional ties and those with the u.s. former deputy secretary of state james steinberg was a leading advocate for the asia pacific region. he welcomed abe's plan to make his the first foreign destination. >> i think there's no substitute for leader to leader discussions. given the delicacy and importance of issues in east asia now. >> steinberg expressed the concerns over the senkaku islands. japan controls the islands in the east china sea. china and taiwan claim them. >> the re-elected leader in the united states and new leaders in all three major countries of northeast asia. this is an opportunity to take a step back and get a new perspectiv
will cut pension payments. japan also plans to double consumption tax to 10% by october 2015. but the international monetary fund says a minimum of 15% is needed for full fiscal rehabilitation. the new government says it will first tackle economic recovery and plans to draft an extra budget for the current fiscal year. >>> populous, prosperous, pushing ahead. china's rise brought it wealth, power, and problems. an income gap divides its people. pollution threatens their health. and disputes at sea strains relations with its neighbors. find out the challenges china faces, on "newsline." >>> traffic in china is said to be more of a free-for-all than an orderly procession. motorists often ignore other motorists and pedestrians too, and the pedestrians also play fast and loose with the rules. one result, lots of accidents. so authorities are taking action. nhk world's takafumi terui has the report. >> reporter: red lights don't stop these pedestrians. and crossings, who needs them? as for drivers, when they change lanes, they barely give a thought to other motorists. not a day go
Search Results 0 to 5 of about 6